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Tech distributor TD SYNNEX said revenue grew 194.9% in Q3 primarily due to the impact of the completion of the merger with Tech Data. Revenue rose to $15.4 billion for the three months ended 31 August, while adjusted operating margin was 2.6%, compared to 3.2% in Q3 2021. Adjusted operating profit came in at $398.3
China-based print giant Ninestar has been recognised for its environmentally friendly products. The company was recently presented with the 2022 Green Sustainable Development Contribution Award at the International Green Zero-Carbon Festival in Beijing. Ninestar was honoured as a key performer and contributor to helping economic transformation and upgrading, sustainable development, and creating a green, zero-carbon
Market research and data firm The NPD Group (NPD) has revealed that the B2B technology reseller channel saw strong growth in the first half of 2022, with year-over-year sales up 16% in the US. That momentum is expected to slow down in the second half to 3% but NPD is still forecasting 2022 will end
Shipping company FedEx has said it is taking “aggressive” cost reduction actions, including the closure of dozens of its FedEx Office outlets in the US. On 15 September, the shipping firm issued preliminary Q1 results and a trading outlook for its 2023 financial year that began on 1 April 2022. It said that first quarter
Technology distribution giant TD SYNNEX will plant trees on behalf of all global co-workers. As part of the company’s first anniversary celebrations, it has partnered with Treedom, a tree-planting platform that funds agroforestry projects, to create a TD SYNNEX forest. Treedom will plant a tree for each of TD SYNNEX’s 22,000+ employees around the world